List of Crypto Exchanges in Brazil

Brazil's export sector to major trading partners such as China, the US, and Argentina supports its status as an emerging market. The country's main export commodities are iron ore, soybeans, coffee, and automobiles. In 2018, Brazil's GDP reached USD 3.365 trillion from the export sector alone.

However, it is not widely known that the exchange rate of BRL reached 3.1 per USD in August 2016 due to a national debt crisis, a decline in the prices of main commodities, and internal political controversy.

Continue Reading at Everything You Need to Know about Emerging Markets

As a general guideline, using a demo account for at least a few weeks can give traders a reasonable idea of a broker's quality. However, it's essential to remember that a demo account may not fully replicate the experience of live trading, as there can be differences in order execution, slippage, and liquidity between the two environments. 

Continue Reading at How Long Should You Trade on Demo Account?

Withdrawal issues are the most common problems with brokerage companies. On the other hand, making deposits usually comes smoothly because no one will deny taking your money. That is why it is crucial to check a broker's withdrawal and read the user reviews on that matter before opening an account. 

Continue Reading at eToro Withdrawal: Limit, Fees, and How-to

Market makers are the parties that provide liquidity and quote both the buy and sell rates. They can be individuals, brokers, banks, hedge funds, and other financial firms. Large banks in particular are the master market makers.

One simple example of the market-making practice is a foreign exchange transaction in a local bank. This is very similar to the business activity of market makers in forex trading. Let's see the illustration below.

Dolan is in need of USD currency for a trip to the USA. He carries the local currency EUR to Bank Z to be exchanged with USD. In this case, Dolan wants to buy USD and Bank Z makes the market by selling USD and buying EUR.

One month later, Dolan returns home and wants to exchange his remaining USD with EUR. He visits Bank Z again, and this time Bank Z makes the market by buying USD and selling EUR.

Here, Bank Z generates profits from the differences between the sell rate and buy rate.

Continue Reading at Are Market Maker Brokers Always Bad?